Manalapan site (370 Smithburg Road) Acquired by Mapletree Investments | Industrials M&A Deal

Mapletree Investments has acquired the Manalapan site (370 Smithburg Road), a industrial services other business in New Jersey, for $100 million. The acquisition supports Mapletree Investments acquisitions tied to industrials M&A and NJ acquisitions, with plans for a nearly 953,000-square-foot logistics facility on the 97-acre parcel. The development is designed as a two-warehouse logistics center with 366 car parking spaces, 141 trailer spaces, and 172 dock doors in Manalapan, New Jersey. Mapletree Investments, a private equity acquisition platform, is pursuing a divestiture acquisition strategy as it continues industrials deals NJ activity, with construction expected to complete in the first quarter of 2028.